FinTech trust company Reserve Trust, which has a Federal Reserve master account, announced in a press release Wednesday (Aug. 4) that it has secured a $30.5 million Series A investment in a round led by QED Investors. Get the Full Story Complete the form to...
Contextual commerce is rapidly evolving, growing both in scale and in scope, growing more common and becoming integrated into more parts of consumers’ routines. One of the common forms coming to the fore is shoppable content. From social media platforms’ shopping tools to retailers’ own...
Cloud-based accounting software company Xero launched its own app store Wednesday (Aug. 4), allowing small businesses, accountants and bookkeepers access to new apps to help them run their businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Artificial intelligence FinTech Feedzai announced Wednesday (Aug. 4) it has acquired Revelock, a behavioral biometric platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
Consumers are getting back in the live-event saddle again. As Live Nation announced Q2 earnings this week, the firm touted that its Ticketmaster just had one of its best months ever in North America, as consumers are heading back out for in-person events. Get the...
Today in B2B payments, Vic.ai eyes the future of artificial intelligence (AI) in accounts payable (AP), and Lloyds teams with Visa on straight-through processing for corporate cards. Plus, SimpliFi discusses corporate Cards-as-a-Service, Nexelus launches an AP solution, and Chaser debuts embedded credit checks. Get the...
The technology services firm Pico is set to go public following a $1.75 billion merger with a special-purpose acquisition company (SPAC). Pico and FTAC Athena Acquisition Group announced the merger on Wednesday (Aug. 4), saying the deal could provide $450 million in proceeds. Get the...
On Wednesday (Aug. 4), top U.S. grocer Kroger announced a partnership with Kitchen United, one of the leading companies bringing ghost kitchens, which are off-premises-only restaurants available via online ordering. Through the partnership, Kitchen United will bring up to six restaurant brands — a combination...
Indian lending and digital payments startup BharatPe has obtained $350 million in new funding, according to a Wednesday (Aug. 4) report from the Economic Times. The most recent funding round has pushed the three-year-old company’s value to $2.85 billion. Get the Full Story Complete the...
